Kevin Warsh’s potential leadership as the next Federal Reserve chair when Jerome Powell’s term ends in May is unlikely to create any immediate or dramatic effect on the U.S.’s paralyzed housing market ...
An idyllic scene, painted by Jean-Honoré Fragonard, might be a way to view confirmation bias as reflected in society today. Romantics see this painting as the peaceful scene of a young lady enjoying a ...
Trump’s signature legislative achievement of his first term in office was the 2017 Tax Cuts and Jobs Act, which slashed the corporate tax rate from 35% to 21%, a reform that Trump and Republicans at ...
Oracle's stock has tumbled 30% so far this quarter, headed for its steepest drop since the third quarter of 2001, when it slid almost 34%. Investors have grown skeptical about Oracle's ability to open ...
Oracle’s ORCL relationship with OpenAI has become a never-ending source of market angst, as the tie-in reminds many of questionable vendor-financing practices from the late 1990s. Tied to Oracle’s ...
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, 806,500 or less, increased to 6.38% from 6.33% Applications to refinance a home loan fell 4% for the ...
Paul Trani of Adobe demonstrates Firefly custom models in October. The software maker is due to post earnings on Wednesday. (Mark Von Holden/AP) The Federal Reserve will unveil its last rate-setting ...
In practical terms, markets are now priced in a very low probability of another Fed cut in January unless labor market conditions deteriorate materially. Sentiment around artificial intelligence ...
The Fed delivered its third straight and highly anticipated rate cut, trimming the fed funds target range by 25 basis points to 3.50%–3.75%, but the details of the ...
U.S. stocks pulled back Thursday after Oracle Corp. posted its steepest decline in nearly a year, reigniting concerns that heavy artificial intelligence spending is straining balance sheets faster ...
Oracle isn't the only company getting fresh scrutiny from investors for issuing a lot of debt as part of the artificial intelligence race. (Bloomberg Finance, Deutsche Bank Research) "Last night ...
U.S. stock futures fell early Thursday despite the Federal Reserve’s 25-basis point rate cut. Software giant Oracle (ORCL) raised investor concerns about an AI bubble after issuing a weak revenue ...